The Conference Board Economics Watch® United States View

Investments in capital equipment and exports are leading a continued strengthening of the US economy.  Hurricanes Harvey and Irma were devastating locally but have not significantly changed the overall outlook. So long as business confidence remains strong and the dollar continues depreciating because of improved economic performance in the Euro Area and China, nonresidential investment should continue to pick up, especially with demand from abroad rising. The US economy is therefore likely to enjoy above-trend growth for the rest of 2017 and into 2018.

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